Guyanese dollar cape verdean escudo exchange rate history (GYD CVE) January 2024

Guyanese dollar cape verdean escudo history for January 2024. The highest quote for this month is 0.5096 (30/01/2024) and the lowest 0.50868 (30/01/2024). The difference between high and low is 0.18.

GYD CVE average rate for January 2024 is 0.50108, the change between 01/01/2024 and 31/01/2024 is -2.27 %.

01 January 2024	1 GYD = 0.4969 CVE
02 January 2024	1 GYD = 0.4969 CVE
03 January 2024	1 GYD = 0.4981 CVE
04 January 2024	1 GYD = 0.5034 CVE
05 January 2024	1 GYD = 0.5036 CVE
06 January 2024	1 GYD = 0.4813 CVE
07 January 2024	1 GYD = 0.4813 CVE
08 January 2024	1 GYD = 0.5050 CVE
09 January 2024	1 GYD = 0.5028 CVE
10 January 2024	1 GYD = 0.5042 CVE
11 January 2024	1 GYD = 0.5019 CVE
12 January 2024	1 GYD = 0.5022 CVE
14 January 2024	1 GYD = 0.4830 CVE
15 January 2024	1 GYD = 0.5029 CVE
16 January 2024	1 GYD = 0.5031 CVE
17 January 2024	1 GYD = 0.5061 CVE
18 January 2024	1 GYD = 0.5070 CVE
19 January 2024	1 GYD = 0.5063 CVE
22 January 2024	1 GYD = 0.5059 CVE
23 January 2024	1 GYD = 0.5056 CVE
24 January 2024	1 GYD = 0.5085 CVE
25 January 2024	1 GYD = 0.5054 CVE
26 January 2024	1 GYD = 0.5063 CVE
28 January 2024	1 GYD = 0.4868 CVE
29 January 2024	1 GYD = 0.5069 CVE
30 January 2024	1 GYD = 0.5099 CVE
31 January 2024	1 GYD = 0.5082 CVE

04/05/2020: COVID-19 impact on currency

The outbreak of COVID-19 and its economic consequences led to a depreciation of the Cape Verdean escudo against major international currencies due to reduced tourism and economic activity.

01/01/2020: Transition to Polymer Banknotes

Polymer banknotes were introduced in Guyana, enhancing the durability and security features of the Guyanese dollar.

30/09/2017: New escudo banknotes issued

Cape Verde introduced a new series of banknotes for the escudo, featuring enhanced security features, updated designs, and improved durability.

31/12/2014: End of the peg to the euro

Cape Verde decided to abandon the peg to the euro, shifting to a managed float exchange rate system to allow the currency to fluctuate based on market forces.

01/01/2005: Decimalization of the escudo

The Cape Verdean escudo underwent a decimalization process, with the subdivision of 1 escudo into 100 centavos.

03/02/2003: Redenomination of the Currency

The Guyanese dollar underwent a redenomination, with old banknotes replaced by new notes at a rate of 1,000 old dollars to 1 new dollar.

01/01/1998: Currency pegged to the euro

The Cape Verdean escudo was pegged to the euro at a fixed exchange rate of 1 euro = 110.265 CVE, ensuring stability and facilitating trade.

05/10/1992: Resumption of Banking System

The resumption of the banking system in Guyana significantly improved the stability and accessibility of the Guyanese dollar.

17/11/1977: Introduction of the new escudo

A new version of the Cape Verdean escudo was introduced, replacing the previous version with a new design and updated security features.

05/07/1975: Independence of Cape Verde

The Cape Verdean escudo (CVE) was officially adopted as the currency of Cape Verde upon gaining independence from Portugal.

26/05/1966: Independence of Guyana

Following Guyana's independence from Britain, the currency was renamed from British Guiana dollar to Guyanese dollar.

12/09/1951: Currency Board Established

A Currency Board was established to manage the British Guiana dollar, ensuring its stability and convertibility.

06/08/1917: Currency Act of 1917

The British Guiana dollar was revalued at a rate of 4.80 dollars to 1 U.S. dollar, following the Currency Act of 1917.

18/01/1839: Introduction of the British Guiana dollar

British Guiana dollar introduced as the official currency of British Guiana, replacing the Spanish and Portuguese coins previously in circulation.

Historic Guyanese dollar Cape Verdean escudo